Lumber Liquidators, Builders Boom On Housing Revival

Strong earnings reports Wednesday from Lumber Liquidators, Meritage Homes and Ryland Group suggest the housing recovery is strong and may be picking up steam. Lumber Liquidators (LL) said Q1 earnings shot up 97% to 57 cents a share. Revenue grew 22.5% to $230.4 million, as growth has improved over the past two years. Wall Street had seen EPS of 42 cents on sales of $215.4 million. The hardwood ...

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